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  The Fed’s AI Puzzle: Will High Rates Slow the Boom? Chairman Warsh says higher rates are reaching investment surge and growth is broadening beyond it. The positions cut in opposite directions for where to set rates. By Listen (2 min) The WSJ’s chief economics correspondent says there are three key takeaways from the central bank’s decision Wednesday. PHOTO: JIM LO SCALZO/EPA/SHUTTERSTOCK For months, a common view of the artificial-intelligence boom has been that it is propping up the U.S. economy and it is too big and too flush with cash to care about interest rates . Federal Reserve Chairman Kevin Warsh said Wednesday he wasn’t so sure about either assumption. The positions complicate the question of how much higher interest rates may have to go because they could point in opposite directions. The Fed held rates steady Wednesday, as anticipated, with investors widely expecting an increase at the next meeting in December. When more of the economy is growing, it usually means mo...
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  TROUBLE IN PRIVATE CREDIT Thoma Bravo made headlines a couple of weeks ago after writing off $5.1bn of equity in Medallia, a company selling customer experience analysis software-as-a-service, in the second-largest private equity loss in history. At the risk of getting ourselves typecast, Alphaville thought we’d ignore this faceplant and instead trace what happened with the company’s debt and its debtors — as the Medallia situation offers an intriguing way to explore the private broader credit industry. And, while we’re there, we thought we’d also take a look at how private credit funds paid themselves for managing the position. Tl;dr: very well, thanks for asking! Diving down the BDC rabbit-hole One of the distinguishing features of private equity and private credit is the privacy afforded to portfolio companies. So while we don’t know for sure, we think that around $1.8bn of debt was raised to support Thoma Bravo’s Medallia acquisition, back in 2021. And we can see that a lo...
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  Wall Street’s AI Debt Machine Is Starting to Choke on Supply The Stargate Oracle AI data center campus in Abilene, Texas, on Aug. 26. Photographer: Brandon Bell/Getty Images Save Translate 9:46 Takeaways by Bloomberg AI A new anxiety is gripping Wall Street as it bankrolls the vast network of data centers and chips behind the artificial intelligence boom: Early signs suggest that the credit market is approaching the limits of how much more debt it can absorb. One after another, yields are soaring into the double digits on bonds and loans funding the AI infrastructure buildout. Bankers are finding it more difficult to offload risk to insurers and other investors. Elon Musk himself warned the other day that hundreds of so-called neoclouds risk going under as firms get cut off from fresh financing. With those jitters growing louder each week — and spurring, in turn, angst about the potential economic fallout — Citadel Securities is cautioning clients that even the biggest names in...
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  ALLER AU CONTENU Mon compte Économie Entreprises Conso Entrepreneurs Vie professionnelle Bourse Médias Tech Emploi Immobilier Finances perso Publicité Accueil Économie Conjoncture Réservé aux abonnés Deux accidents graves en moins d’un an : la descente aux enfers du réseau de train à grande vitesse espagnol Par Thibaut Déléaz Publié le 28/10/2026 à 18h32 SUIVRE Suivre Le Figaro sur : Google (ouvre un nouvel onglet) Google Discover (ouvre un nouvel onglet) Google News (ouvre un nouvel onglet) Sujets Espagne transport ferroviaire Accident ferroviaire Lire dans l’app Offrir Sauvegarder Écouter l’article 00:00 00:00 -04:55 Un train de la Renfe a percuté un train Iryo apparemment à l’arrêt ce mercredi 28 octobre. Violeta Santos Moura / REUTERS La collision de deux trains près de Tolède survient dix mois après une précédente catastrophe à Adamuz, qui a mis en lumière des années de sous-investissement dans le rail en Espagne. Le cauchemar se répète sur les rails espagnols. La collision...
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